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BitPay Banks $510K In Investment To Become PayPal for Bitcoin, Already Has 2,100 Businesses On Board
Bitcoin, a heavily underground peer-to-peer payment solution, is starting to peek its head above ground. Today, a payment solutions company called BitPay has announced $510K in investment, led by Shakil Khan, Barry Silbert, Jimmy Furland and Roger Ver.
Put simply, BitPay feels like it is positioned to become the equivalent to PayPal for the virtual currency payment processor rival, Bitcoin.
I...
Clipboard – the web clipping service that is a little like a cross between Evernote and Pinterest, racking up 1.7 million clips since opening for private beta in October 2011 – has taken a strategic investment from ed-tech company Scientia. The backing will result in joint product development between the two to target the education market with online collaboration tools.
A spokesperson for...
Some consolidation in the world of network traffic management — and specifically services involving the data-filtering process of deep-packet inspection. Procera Networks, the publicly-traded Fremont, CA-based provider of policy enforcement services to carriers, is buying Vineyard Networks, a Canada-based specialist in deep-packet inspection, for 28 million Canadian dollars, C$15.4 million in...
Six and a half years after starting the company, Joe Cohen, the founder of aftermarket ticket exchange Seatwave, has announced that he is giving up the role of CEO to become non-executive Chairman. Interestingly, he departs from the top job before a successor has been found. Meanwhile, Louise Mullock, Seatwave’s CMO, will act as interim CEO.
In a canned statement, Cohen explains his departure as...
Editor’s note: Jon Bischke is a founder of Entelo and is an advisor to several startups. You can follow Jon on Twitter @jonbischke.
It’s the New Year, which means setting new goals. For many startups, that means developing a new hiring plan. While the larger economy continues to mosey along, there’s high demand for a select group of individuals with skills that startups are looking for. We...
Virurl has launched a new feature that it says will make it even easier for publishers to promote articles and videos through its platform.
The feature is called RSS Ads, and it offers another way to convert articles into advertising — when a new article gets posted to a publisher’s RSS feed, it automatically becomes an ad, which can then be promoted through the content widget displayed on Virurl...
News aggregation is a glory-less pursuit, where even the companies that do succeed have to grapple with the fact that no algorithm is ever going to be as good as the human brain at judging what news/content will appeal to said brain. It’s an AI-hard problem.
So when Prismatic founder Bradford Cross initially approached me to cover his company’s seed funding last year, I passed – sort of rudely....
Parse.ly, the content optimization platform for publishers which emerged from stealth in January has been flying under the radar when it comes to press, but has growing the size of its customer base over the past year. The company recently signed one of its largest deals to date, having now added Thomson Reuters to its list of publishing customers, and says that it’s now on track to profitability...
Freelancer.com, the job outsourcing and freelance IT worker marketplace, has made another acquisition: it has bought vWorker, a job site for freelance coders and other tech professionals. Terms of the deal have not been disclosed but TechCrunch has heard from a source that it is in the region of millions of dollars. vWorker was formerly known as RentACoder, and is said to be the fourth-biggest IT...
It’s not clear what Google’s plans are for FeedBurner, its feed management and syndication platform. By the looks of it, FeedBurner has become a neglected platform, and I wouldn’t be terribly surprised if it would get the axe in one of the company’s next rounds of “spring cleaning.” Not too long ago, Google decided to discontinue its AdSense for Feeds service, which was really the only way the...